Exploration

Equinor, ENI and Petoro have completed an appraisal well on the Cape Vulture discovery, and found a volume potential of 50 – 70 million recoverable barrels of oil.

The current operator of the exploration site in West Sussex has safely finished a seven day well test of the horizontal well there.

The company has a 100% working interest. Upon a commercial discovery CNOOC has the right to participate in up to 51% working interest.

The company has announced a major gas discovery on the Glendronach prospect, located offshore U.K. West of Shetland.

The Romanian government has proposed a reduced royalty and additional tax structure for offshore investments, allowing a larger proportion of capital investments to be deducted for tax purposes.

OMNIS, in partnership with Africa Oil Week, TGS and BGP, announce a licensing round in Madagascar, to be launched at Africa Oil Week, 5 - 9th November 2018.

The company provides a summary of results from the well, located in the Valley of the Lakes basin complex of central Mongolia.

The company received consent from the Department for Business, Energy & Industrial Strategy for its second horizontal shale exploration well at its Preston New Road site in Lancashire.

CGG has commenced acquisition of a high-density, rich-azimuth, towed-streamer multi-client survey in the UK West Shetland Basin.

After signing a multi-year agreement with CGG, Terrafirma has become one of the first UK companies to include the latest-generation MotionMap UK data.

Alba Mineral Resources has announced that the final Portland EWT sequence at the Horse Hill-1 Kimmeridge and Portland oil discovery has been completed and that all Portland operational test objectives were achieved.

The contracts will see the company delivering a range of specialist services to support exploration and production operations in Trinidad and Tobago and the Gulf of Mexico.

Keith Myers, Westwood insight, explains how the latest Guyana discovery opens the way to a new 10 billion bbl oil province and transformation for one of South America’s smallest countries.

Block Energy Plc, the exploration and production company focused on the Republic of Georgia, has announced that the Production Sharing Contract (‘PSC’) terms for its West Rustavi licence have been accepted by the government of the Republic of Georgia.

From the northernmost Delaware Basin to the Northwest Shelf.